BTCUSD - Death Cross on 24th March

19 Mar 2018

BTCUSD's projected moving averages 200 and 50 will cross most likely on 24th March. If we break down with volume after crossing, rough targets are about 6000 USD or 5000 USD.

What is a death cross?
"A death cross is a crossover of a long-term 200 day moving average price breaking above its short-term 50 day moving average price. Typically, a death cross is a bear market signal that is reinforced by high trading volumes."